Below are some of the key findings from the coupling agents market research report
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Global coupling agents industry overview
A key factor driving the growth of the global coupling agents market is the increased demand for polypropylene applications. Coupling agents for polypropylene applications are available in three different forms, granular, liquid, and powdered forms, and all these three forms show excellent compatibility with polymers, resins, and synthetic and natural waxes. Coupling agents are added in polypropylene compositions, and these compositions are used in several applications, including plastic modification, hot melt adhesive, inks, paints and coating applications, release agents, and in reinforced panels. These benefits of coupling agents will propel their demand in polypropylene applications over the next few years.
Increased innovations and product launches is identified as a key trend that will gain traction in the market over the next few years. Companies in the market are taking major initiatives to increase their customer base by diversifying their product portfolio. This is leading to an increase in revenue inflow and higher profit margins. Further, manufacturers are constantly launching new products to increase their global presence. Thus, the constant product launches and innovations will create more application areas and increase the demand from end-users, which will promote the growth of the global coupling agent market during the forecast period. Apart from the increased demand for polypropylene applications, factors such as product diversification, and the increased demand for sulfur silane coupling agents are expected to fuel the growth of the global coupling agents market, which in turn will register a CAGR of nearly 4% during the forecast period.
Top coupling agents companies covered in this market research report
The coupling agents market is moderately fragmented. By offering a complete analysis of the market’s competitive landscape and with information on the products offered by the companies, this coupling agents industry analysis report will aid clients to identify new growth opportunities and plan better growth strategies.
The report offers a complete analysis of various companies including:
- Arkema
- Clariant
- DowDuPont
- Eastman Chemical Company
- Honeywell International
- Shin-Etsu Chemical
Coupling agents market segmentation based on geographic regions
- Americas
- APAC
- EMEA
With a complete study of the growth opportunities for the companies, the APAC region will account for the highest growth of this market throughout the forecast period. The APAC region led the market in 2018, followed by the Americas and EMEA respectively.
Coupling agents market segmentation based on applications
- Rubber and plastics
- Paints and coatings
- Adhesives and sealants
- Fiber treatment
- Others
The rubber and plastics segment will account for the highest growth in the market. The rising demand for green tires in automobiles is one of the factors that will drive the demand for coupling agents from this end-user segment. Additionally, the report also provides an accurate prediction of the contribution of the various end users segments to the growth of the coupling agents market size.
Key highlights of the global coupling agents market for the forecast years 2019-2023:
- CAGR of the market during the forecast period 2019-2023
- Detailed information on factors that will accelerate the growth of the coupling agents market during the next five years
- Precise estimation of the global coupling agents market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the coupling agents industry across the Americas, APAC, and EMEA
- A thorough analysis of the market’s competitive landscape and detailed information on several vendors
- Comprehensive details on the factors that will challenge the growth of coupling agents companies
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